Could You Survive
Without Your Paycheck?
Chances are, your paycheck is one of your most valuable assets. Yet, like many of us, the importance of protecting that asset is something you may have overlooked. Think of it this way: if you own a home, you have homeowners insurance. If you drive, you have auto insurance. If you work… doesn’t it make sense to have income replacement insurance?
DISABILITY HURTS FINANCIALLY
The financial impacts of a disabling accident or illness can be devastating-for you and those who depend on you. If you were unable to work and earn a paycheck for three months or more, how long could you maintain your standard of living? How would your family be affected? With so much at stake, it pays to know the facts.
CONSIDER THESE COMMON MISCONCEPTIONS ABOUT
DISABILITY AND INCOME REPLACEMENT:
“My health insurance will cover the costs of medical care.” Yes, but medical expenses are just the beginning. Health insurance won’t cover all the day-to-day expenses, like your rent or mortgage, car payment, utilities, food, clothing… and other costs of living.
“Worker’s Compensation will help if I become disabled.” True—but only if your disability occurs on the job. Unfortunately, 80% of all disabling injuries happen outside the workplace, and, therefore, aren’t covered by Worker’s Comp. What’s more, 85% of all disabilities are caused by sickness, not accident.
“I can always rely on my personal savings.” But for how long? Even if you saved as much as 5% of every paycheck, one year of disability could wipe out 20 years of savings.
Call us today to find out more how we can help protect your income and alleviate any financial hardship for you and your family.